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20130228
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MSNBC 12
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Search Results 0 to 30 of about 31 (some duplicates have been removed)
MSNBC
Feb 11, 2013 7:00am PST
could be something you wear on your wrist. cnbc's mandy drury is here with what's moving your money. like a dick tracy watch? >> absolutely. the word is apple is experimenting with designs for a watch-like device that would perform some functions of a smartphone. of course, other companies have introduced various kinds of wearable gage either, you may even have one while you're jogging that measures physical activity, but you have to make that extra leap. it could be quite difficult, because you have to address all kinds of challenges like making the displays more power efficient, and obviously the device would also need to work closely with the iphone as well. >>> all right. only a few more days until valentine's day. cupid is about to give the economy a shot in the arm. >> guess how much the average person is planning to spend this valentine's day? ivities i actually know the answer, but i would have guessed like, what, $50, $60? >> according to big insight, over $130. i was surprised, too. that was on everything, candy, cards, gifts, i don't know, romantic evening out? it is only
MSNBC
Feb 5, 2013 7:00am PST
drury is here with what's moving your money. mandy, a lawsuit against standard & poor's has been filed. what's that about? >> they're suggesting that s&p ignored their own standards to raise mortgage bonds that imploded in the financial crisis. we know the story well. and at the end of the day, it really cost investors billions of dollars and wreaked a lot of havoc. the civil charges by the u.s. attorney general, eric holder, are the first action against a credit rating firm over the crisis, but s&p said it came out with a statement yesterday and said the government suit is entirely without factual or legal merit and it also denied wrongdoing. so we're just going to have to see how this story unfolds from here, chris. >> and what is going on with gas prices? i was in california overing the weekend, a little sticker shock there. but it's certainly not just there. most expensive ever for this time of year. >> ever, ever. the current average is $3.53 a gallon. that is, of course, the average nationwide. that is up 23 cents from a month ago, and this time last year, prices were $3.48 a gal
MSNBC
Feb 6, 2013 7:00am PST
drury is here with what's moving your money. good morning, mandy. >> good morning to you, chris. you're absolutely right. from august, no mail on saturday. but packages will continue six days a week, and it's also aimed at saving about $2 billion annually. so all in all, wouldn't you say a good thing. in australia, we've never had saturday mail and it hasn't hurt us. anyway, why is package delivery going to continue? well, it has increased by 14% since 2010, chris. the delivery of letters and other mail, as you can imagine, has been declining with the increasing use of e-mail. also post offices now open on saturdays will remain open on saturdays. and the postmaster general thinks that most americans are going to take this new schedule in stride and be onboard. let's listen in. >> 70% of americans have consistently said that they would support five-day schedule for mail and package delivery given the financial condition of the postal service. >> and also, keep in mind, you know what the post office's biggest problem is, chris? it's not really so much due to the reduced mail flow. it's
CNBC
Feb 20, 2013 4:00pm EST
to the "closing bell," everybody. boy, what a last hour we've just had. i'm mandy drury sitting in for maria bartiromo. bill griff sit coming back in just any moment now. meantime, stocks are sinking after a relatively hawkish fed minutes. that kind of spooked investors, and as you can see we're just settling up now, but it looks like the dow is down by 110 point and the nasdaq off 49, 1.5% less and the s&p 500 down by 1.2%, sitting there at 1511. as you can clearly see in terms of absolute numbers, 14,000 no more. we're now below that mark on the dow. bill? >> so, the question becomes was the day's downturn just a fluke, or is it the beginning of a much anticipated correction? let's ask peter sorrentino from huntington asset advisers, allen gale, michael jones from riverfront investment group and our own rick santelli. everybody is in the water at this point. what do you think? i mean, you know, everybody has been scratching their heads as the market continued higher here, but they were at least willing to stay with the trend as long as it was in place. has the trend ended today, do you thi
MSNBC
Feb 7, 2013 7:00am PST
to the torino games. >>> a mega merge ser about to take off. mandy drury is here with what's moving your money. cnbc reporting this, a deal between american and us airways pretty close to being done. >> that's absolutely right, chris. and as american airlines and us airways, which by the way is the parent close to reaching a merger agreement in a deal that would create the world's largest airline which is possibly going to be an announcement of the deal in the next couple of weeks. now, the talk here is, chris, that an all stock deal between those two air carriers would be executed as a reorganization plan that takes amr out of chapter 11 bankruptcy protection and the combined company would be worth apparently more than $10 billion. so as we say, we could be getting that finalization of an announcement in the next couple of weeks. we'll have to watch out. >> is another story i know you've been watching, "jansing & co." meets at 5:30 in the morning. i'm going to say we're not always completely awake, but people's eyes bugged open this morning when we heard about this milestone for apple itunes.
MSNBC
Feb 15, 2013 7:00am PST
. >>> the tax man cometh. there is a new movement to tax internet shopping. mandy drury is here. they seem to become united on stopping the tax-free shopping. they want the cash. >> absolutely. critics on both sides of the aisle have introduced legislation that could force retailers to collect sales taxes in order to end the handicappeds on the brick and mortar stores. it would allow taxes on transactions from within the state so long as the online business has more than $1 million in annual domestic sales. on the flipside, as you can imagine, some tech companies have spoken out and argued that an online sales tax like that would stunt the growth of online retail and some republicans have even said it's basically a tax increase. we'll have to see how it goes and it's quite significant for stocks like amazon. >> and speaking of shopping, that iconic blue box from tiffany's, tiffany's suing costco because of knock-often gaugeme off engagement rings? >> yes. not just recently but apparently for many years. the lawsuit will seek exactly how many rings costco sold and the source of the jewelry
MSNBC
Feb 20, 2013 7:00am PST
theft. cnbc's mandy drury is here with the details in what's moving your money. this story is getting a lot of traction. >> it is, the obama administration does need to get serious about this. it really is increasing evidence of a campaign not just like one offs but a campaign of cyber stealing and, you're right, it has been linked to the chinese government. they are looking to develop a more aggressive response which could include -- we're talking about the theft of u.s. government data and corporate trade secrets, it could include new measures like fines and other trade actions against apple has confirmed that had has been a victim of the widest known cyber attack on the computers and try to down play the consequences and say no important data was stolen. as yet the full extent of the breach is not entirely clear. what we do no, hackers infected mac computers of apple employees with malicious software that has been designed to attack mac computers and reps for apple say they are working with law enforcement officers to try and find hackers that again they believe could be from china
MSNBC
Feb 22, 2013 7:00am PST
. >>> the payroll tax and higher gas prices are taking a big chunk out of spending. cnbc's mandy drury is here with what's moving your money. "the wall street journal" reports that worried companies are scrambling to meet changing demand. >> yeah. you're absolutely right, chris. lots of retailers in fact are really trying to adjust to this brave new world if you like. we've got consumers like us. we've all got smaller pay checks right? the 2% payroll tax hike. i think hurts a household with $65,000 in annual income about $1,300 this year. so that's real money. we've got gasoline prices which have jumped nearly 50 cents a gallon in the past month alone. so you've got companies like walmart stocking more of its shelves with cheaper products and smaller sized packages of everything from toilet paper to snacks to diapers you name it, daily necessities. also burger king is cutting its whopper junior sandwich to $1.29 from about $2 and focusing its ads on its value menu items rather than higher priced salads or smoothies and also kraft and meat supplier tyson foods introducing more lower priced prod
MSNBC
Feb 25, 2013 7:00am PST
is coming to a screeching halt for hundreds of yahoo workers. mandy drury is here with what's moving your money. the new ceo there ruffling a lot of feathers. what's going on? >> on friday, annoyed employees at yahoo leaked a memo from human resources banning telecommuting. some of the best decisions come from hallway and cafeteria discussions. impromptu meetings. you can images inin this day and age social media jumped on it especially on twitter where one person wrote hey, marisa, 1980 just called and want their work environment back. as for why a yahoo dash what will happen at yahoo, some people may decide to head to the exit. experts say companies like google are really keen to -- yeah hoop he's tool talent and may pounce. when asked for a comment a spokesperson wrote we do not comment on rumors or speculation or internal maters. >> you wonder if they might figure out a compromise on that. we shall see. >>> we talked about americans cut become spending. apparently not when it comes to our beloved pets. >> animal lovers spent a record $ 53 billion on food, vet care, kennels and various
MSNBC
Feb 21, 2013 7:00am PST
is people will do that. >> jane jetson i meant to say. mandy drury, thank you so much. >>> which states have the happiest people tweeting? the university of vermont's mathematicians analyzed the words used in 10 million tweets. vermont fifth happiest on the list, utah is fourth. number three nevada. maine is in second, and people seem to be the most happy on twitter in -- here's a shock -- hawaii. uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned upon in this establishment! luckily though, ya know, i conceal this bad boy underneath my blanket just so i can get on e-trade. check my investment portfolio, research stocks... wait, why are you taking... oh, i see...solitary. just a man and his thoughts. and a smartphone... with an e-trade app. ♪ nobody knows... [ male announcer ] e-trade. investing unleashed. ♪ they hatin' ♪ patrolling they tryin' to catch me ridin' dirty ♪ ♪ tryin' to catch me ridin' dirty ♪ ♪ tryin' to -- [ woman ] hi there. why do we always have to take your mom's car? [ male announcer ] the security of an iihs top safety p
CNBC
Feb 7, 2013 6:00am EST
on cnbc. i'm andrew ross sorkin along with mandy drury today and scott wapner. becky quick and joe kernen are off. they're going to join us live tomorrow for a special broadcast from pebble beach. they have some pretty cool guests themselves tomorrow. you don't want to miss that. >> did you draw the short straw or the long straw by not going? >> that's good. i don't play golf. so i don't think becky plays golf, either, so we'll see. we're all rooting for joe, who is playing. we hope he makes the cut. >> okay. we're rooting for joe. >> we all have to root for joe. i don't know if becky carries the bag or if she drives the cart. i don't know how it works. she's not going to like that comment, but we do love both of them, of course. our guest host this hour, chief equity strategy phil orlando and ben white of morning money fame. let's talk about the headlines this morning. a story in the "new york times" today looks at documents filed in federal court this week that relate to jpmorgan. the document suggests when an outside analysis uncovered serious flaws with thousands of home loans, the ba
CNBC
Feb 14, 2013 12:00pm EST
-year hit the highest level in ten months this morning. for more, mandy drury is manning the futures now at the desk. hey there. >> hey there. you can see it here on the chart, the chart tells the story and when those better than expected jobless claims came out this morning, the yield really spiked. they have come off a little bit but nonetheless, the question here is scottie, as the economy improves will yields continue to rise? anthony is at the nymex and jim yurio, given the economic strength and not the "great rotation" out of bonds, how long will the sell-off continue? >> i think it's still got legs to if. you mentioned jobless claims two weeks below 350, the m&a seems alive in this country, discounting what's happening in europe. investors are looking for risk after two years of looking for safety. >> what do you reckon, jim, not just how high rates are going to go, it's also how fast they'll go higher, that's a big concern as well. >> no question. this isn't a story that's developed today, this is a story going on for a couple months and in the option pits behind us we've seen bi
CNBC
Feb 25, 2013 12:00pm EST
trade, mandy drury is manning the futures now desk. >> of course the move higher comes just a day before bernanke's beginning his testimony to congress. the big question here is can the fed save gold. let's start talking futures now. what are the gold bugs hoping to hear tomorrow? >> they want to hear that the economy is not strong enough to stand on its own and that qe is going to continue. but really it is the uncertainty of what he is going to say tomorrow, uncertainty about the sequester an what's coming out of the uk where they were drown graded by moody's. that's driving gold higher today. >> i would also like to know how much of today's price might just and short squeeze. how big of a resistance with the $1,600 a ounce be? >> there is an element of short squeeze but the short squeeze was started by concern over the chairman's speech tomorrow and whether he will reengage in the currency war. up to this point it seemed like they'd been a lag gagard in thi. i'd like to have seen more after bottom form over the last few days. today a bear pattern turned into a reversal pattern. the $1
CNBC
Feb 26, 2013 5:00pm EST
" starts right now. >>> and live from the nasdaq market site in new york's times square, i'm mandy drury, sitting in for melissa lee. apple in focus. can david einhorn and apple shareholders finally make the company cough up its cash? karen's got the fine print ahead of a key meeting tomorrow. plus, retail detail. from high end to low end, we're going to go on a shopping spree for the best names in retail with an industry pioneer. and the fear trade. why the latest moves in the vix are bad news for the bulls. but first, let's get straight to the traders. hello, everybody. >> hello. >> good to see you all again. dan, your top trade today? >> here's the thing. i'm kind of the bear here, everybody wants to buy, i actually covered some shorts today. heerms the thing. you get a move off of a high like we just had, and you have to take what's giving to you. i want to cover a little things like the qqq, that i was short for last few days. they're going to bounce back. you have to look for opportunities to resell them. >> what about you, guy? >> i have an interesting one. hello, amanda. how are
MSNBC
Feb 1, 2013 2:00pm PST
. one more way quicken loans is engineered to amaze. ooh, la-la! >>> i'm mandy drury with your cnbc market wrap. the dow jumped by 149 points closing above 14,000 for the first time since 2007. the s&p added 15 points and the nasdaq gained 37. 157,000 new jobs were created last month with the unemployment rate ticking up to 7.9%. the numbers were slightly weaker than estimates but investors were conferred by upward revisions to november and december's numbers. more positive data on consumer sentiment, manufacturing, and construction spending also helped to push stocks higher. that is it from cnbc, first in business worldwide. have a great weekend, everybody. now it's back over to "hardball." ♪ >>> welcome back to "hardball." we're seeing a trend i'd say. republican men behaving badly. in fact, they're talking exactly the way they did in the four years leading up to their 2012 election disaster. apparently losing a presidential election senate house seats hasn't dissuaded some republicans from putting their worst feet forward. take chuck hagel's confirmation hearing. some of which
MSNBC
Feb 4, 2013 7:00am PST
. >>> a super windfall for new orleans. mandy drury is here with what's moving your money. they're tallying up the numbers but looks like a big windfall. >> this city has obviously been really hoping for a big economic boost from the super bowl although the power outage may not help its reputation going forward. nonetheless, tallying up the numbers, we're not completely tallied up yet, but over 150,000 people were expected to have visited the city with hotel revenue up 100%, all in an estimated $432 million boost plus of course all the parties and events and all the things surrounding the super bowl as well. if indeed that is the amount that it comes to, it is $100 million more than the indianapolis super bowl, that indianapolis netted last year. it is nonetheless, less than the estimated $600 million that the dallas area drew back in 2011. but you know what, they could do with an economic boost, right? >> absolutely right. that's a lot of wings. thanks a lot. >>> after catching some flack for her national anthem performance at president obama's inauguration, beyonce certainly quieted critics
MSNBC
Feb 14, 2013 7:00am PST
'll bring it to you in ten minutes. stick around for that. >>> an airline megamerger is taking flight. mandy drury is here with what's moving your money. >> they're getting together on valentine's day. well, this merger is going to cut down the number of major u.s. airlines now to four. you've got the new american, you'll have united, delta, and southwest. so everyone is kind of asking, what does that mean for me, the consumer. well, it potentially means higher prices, less competition, higher prices. we'll have to wait and see. also, richard, most airline mergers have resulted in a reduction of flights and also shrinkage at some hubs. but management is saying this is different because u.s. airways and american overlap on just 12 routes. if you are a traveler, you will not notice immediate changes. it is likely going to be months for example, the frequent flier miles are combined and years before the two airlines are integrated. in other words, don't panic. >> not yet. >> we'll move from the world's largest airline to automobiles, and you've got news on what is the most dependable. >> yeah.
CNBC
Feb 25, 2013 6:00pm EST
for watching. i'm mandy drury sitting in for melissa lee. "mad money" with jim cramer starts right now. go out of business. he's nuts! they're nuts. they know nothing. i like to say there's a bull market somewhere. "mad money" you can't afford to miss it. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm trying to save you money. my job is not just the entertain, but teen how you think things can happen. call me at 1-800-743-cnbc. look, we learned something vital about the stock market this very morning. something we have to remember always. even as ultimately the averages got completely pole axed by the end of the day. the dow sinking 268 points. the s&p giving up 1.83%. and nasdaq declining, it was the worst day around here in three months. but what did we learn about this morning? because that's what i want to focus on. well, we learned there's always a better time to sell than into the teeth of a sell-off. like the sell-off we had last week or the one we had toward the closing bell. when the dow fell an astounding 150 points on almost
CNBC
Feb 26, 2013 6:00pm EST
. >> i'm mandy drury. have a great night, herb. "mad money" with jim cramer begins right now. a bull market somewhere and i promise. >> mad money, you can't afford to miss it. >> hey, i am kramer. welcome to mad money. welcome. trying to make friends, i try to make you money. my job is not to entertain but teach, educate and coach. call me. you keep your eye on italy. i will keep my eye on the united states. you focus on the italian elections. i'll focus on our financial stability. you fret with the leaning power of pooes aand me, i am fretting over home depot. rallied beautifully, dow surging 115 points, the nasdaq advancing 1.3%, apple up. from the outset, i am not going to ignore the crazy italian elections. we're the comedians and eeg tises that combine to put that country into a world of chaos and a house of pain. i don't want to be dragged in but the stocks over there could be almost 5% rushing in italy last night. we can't dismiss the instability. we have to remember how much europe hurt us as recently as a year ago. excuse me if i put italy in perspective. you bet that the po
Search Results 0 to 30 of about 31 (some duplicates have been removed)